dub raises $17 million

dub, “the first” copy-trading platform in the US, announced a $17 million funding round led by Tusk Venture Partners, with participation from Robinhood co-founder Nathan Rodland, Uber CEO Dara Khosrowshahi, Apex Fintech Solutions CEO Bill Capuzzi, former Federal Reserve Board of Governors vice chair and TIAA CEO Roger Ferguson, Jr., OneRepublic Front man Ryan Tedder, and an array of notable venture capital and individual investors listed below. The funding also includes a $2 million venture debt facility provided by Silicon Valley Bank, a division of First Citizens Bank.

Founded in 2021, the NY-based startup built a platform that allows investors to replicate the portfolios of emerging investment managers, famed hedge funds, or elected officials with a single tap while seeing their validated performance.

“A decade from now, instead of picking stocks, we’ll be picking people to invest in. It’s already how my generation is investing, with the rise of social media and commission-free investing. Humans are narrative- and fear-driven creatures. Digitally-native creators have mastered the art of storytelling and are building fervent communities that leverage social accreditation to guide their investment decisions. With dub, we’re building the creator economy for finance.” – Steven Wang, founder and CEO of dub.

“dub’s copy-trading platform opens a new frontier in retail investing. As the first broker dealer to offer copy-trading, they are in a position to offer a truly unique product to investors.” – Robinhood co-founder Nathan Rodland.

“Steven and the dub team have created a platform where financial creators can share their ideas, demonstrate their investment strategies, and provide retail investors with the information they need to take more agency over their investment decisions.” – Jordan Nof, co-founder and managing partner at Tusk Venture Partners.